A simple Answer TO yOUr Question
Can I sell my car if I still owe money on it?
Yes, you can sell a car you still owe money on. The process involves your lender in the transaction. If the sale price covers what you owe, the proceeds pay off the loan and you keep the difference. If you owe more than the car is worth (negative equity), you either pay the difference out of pocket or roll it into a new vehicle purchase. Most dealers and online buyers handle lien payoffs routinely.
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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
Smart move!
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